Israel Medical Devices Market to 2032

Overview

The Israel Medical Devices Market is expected to reach a 30.49 USD Billion by 2032 and is projected to grow at a CAGR of 4.03% from 2025 to 2032.

Revenue, 2024 (USD Billion)
20.48
Forecast, 2032 (USD Billion)
30.49
CAGR, 2024 - 2032
4.03%
Report Coverage
Israel

Israel Medical Devices Market 2018-2032 USD Billion

Israel Medical Devices Market, Key Findings (2025-2032)

Market Growth and Projections:

  • Market Size (2024): 20.48 USD Billion
  • Projected Market Size (2032): 30.49 USD Billion
  • CAGR (2025-2032): 4.03%

Key Findings of Israel Medical Devices Market

  • The Israel Medical Devices Market was valued at 20.48 USD Billion in 2024.
  • The Israel Medical Devices Market is likely to grow at a CAGR of 4.03% during the forecast period of 2024 to 2032.
  • In 2024, the Largest segment Diagnostic in Application Segment accounted for the largest share of the market with a revenue of 18.51 USD Billion
  • The fastest growing segment Homecare Settings in End User Segment grew Fastest with a CAGR of 6.84% during the forecast period from 2024 to 2032.

Israel Medical Devices Market Scope

Israel Medical Devices Market Segmentation & Scope
Distribution Channel
  • Third Party Distributor
  • Direct Sales
End User
  • Ambulatory Surgery Centers
  • Rehabilitation Centers
  • Long Term Care Centers
  • Homecare Settings
  • Specialty Clinics
  • Hospitals
Facility
  • Small
  • Medium
  • Large
Application
  • Therapeutics
  • Diagnostic
Mode
  • Tabletop
  • Standalone
  • Portable
Product
  • CPAP/BiPAP
  • Spirometers
  • Oxygen Concentrators
  • Anesthesia machines
  • Ventilator

Israel Medical Devices Market Data Coverage Insights

Study Period 2024-2032
Base Year 2020
Unit Revenue in USD Billion
Market Value in 2024 20.48 USD Billion
Market Value in 2032 30.49 USD Billion
CAGR (2025-2032) 4.03%
Historic Data 2016-2023
Market Segments Covered Distribution Channel,End User,Facility,Application,Mode,Product

Regional Insights:

  • Leading Market (2024-2032): Israel, leading in terms of revenue 20.48 USD Billion in 2024
    • Key Country: Israel, leading in terms of revenue with value of 20.48 USD Billion in 2024.

Segments and Scope

  • Israel Medical Devices Market to 2032, By Distribution Channel
    • Direct Sales is the largest segment in Israel Medical Devices Market to 2032 with a revenue of 16.83 USD Billion in the year 2024.
    • Direct Sales is the Fastest growing segment in Israel Medical Devices Market to 2032 with a Growth rate of 4.50 % in forecast period 2025-2032.
  • Israel Medical Devices Market to 2032, By End User
    • Hospitals is the largest segment in Israel Medical Devices Market to 2032 with a revenue of 5.49 USD Billion in the year 2024.
    • Homecare Settings is the Fastest growing segment in Israel Medical Devices Market to 2032 with a Growth rate of 4.87 % in forecast period 2025-2032.
  • Israel Medical Devices Market to 2032, By Facility
    • Large is the largest segment in Israel Medical Devices Market to 2032 with a revenue of 11.14 USD Billion in the year 2024.
    • Large is the Fastest growing segment in Israel Medical Devices Market to 2032 with a Growth rate of 4.37 % in forecast period 2025-2032.
  • Israel Medical Devices Market to 2032, By Application
    • Diagnostic is the largest segment in Israel Medical Devices Market to 2032 with a revenue of 18.51 USD Billion in the year 2024.
    • Diagnostic is the Fastest growing segment in Israel Medical Devices Market to 2032 with a Growth rate of 4.18 % in forecast period 2025-2032.
  • Israel Medical Devices Market to 2032, By Mode
    • Portable is the largest segment in Israel Medical Devices Market to 2032 with a revenue of 10.42 USD Billion in the year 2024.
    • Portable is the Fastest growing segment in Israel Medical Devices Market to 2032 with a Growth rate of 5.38 % in forecast period 2025-2032.
  • Israel Medical Devices Market to 2032, By Product
    • Ventilator is the largest segment in Israel Medical Devices Market to 2032 with a revenue of 8.79 USD Billion in the year 2024.
    • Ventilator is the Fastest growing segment in Israel Medical Devices Market to 2032 with a Growth rate of 5.33 % in forecast period 2025-2032.

Israel Medical Devices Market Company Share Analysis

 
Company Name Company Share Analysis
Medtronic
Koninklijke Philips N.V.
Teleflex Incorporated
TEIJIN LIMITED
VYAIRE
Israel Medical Devices Market Company Share Analysis

Israel Medical Devices Market Geographical Sales Distribution, 2018-2032 USD Billion

Israel Medical Devices Market Geographical Sales Distribution, 2018-2032 USD Billion

Israel Medical Devices Market Company Profiling

Israel Medical Devices Market Company Profiling
Frequently Asked Questions
The Israel Medical Devices Market is segmented based on Segmentation Distribution Channel,End User,Facility,Application,Mode,Product.
Israel Medical Devices Market was valued at USD 20.48(Revenue in USD Billion) in 2020.
Israel Medical Devices Market is projected to grow at a CAGR of 4.03% during the forecast period of 2024 to 2032.
The Diagnostic segment is expected to dominate the Israel Medical Devices Market, holding a largest market share of 18.51 USD Billion in 2024

Israel Medical Devices Market Scope

Israel Medical Devices Market Segmentation & Scope
Distribution Channel
  • Third Party Distributor
  • Direct Sales
End User
  • Ambulatory Surgery Centers
  • Rehabilitation Centers
  • Long Term Care Centers
  • Homecare Settings
  • Specialty Clinics
  • Hospitals
Facility
  • Small
  • Medium
  • Large
Application
  • Therapeutics
  • Diagnostic
Mode
  • Tabletop
  • Standalone
  • Portable
Product
  • CPAP/BiPAP
  • Spirometers
  • Oxygen Concentrators
  • Anesthesia machines
  • Ventilator
Frequently Asked Questions
The Israel Medical Devices Market is segmented based on Segmentation Distribution Channel,End User,Facility,Application,Mode,Product.
Israel Medical Devices Market was valued at USD 20.48(Revenue in USD Billion) in 2020.
Israel Medical Devices Market is projected to grow at a CAGR of 4.03% during the forecast period of 2024 to 2032.
The estimated market value of the Israel Medical Devices Market for final year is USD 30.49 (USD Billion).

Israel Medical Devices Market Company Profiling

Israel Medical Devices Market Company Profiling
Frequently Asked Questions
The Israel Medical Devices Market is segmented based on Segmentation Distribution Channel,End User,Facility,Application,Mode,Product.
Israel Medical Devices Market was valued at USD 20.48(Revenue in USD Billion) in 2020.
Israel Medical Devices Market is projected to grow at a CAGR of 4.03% during the forecast period of 2024 to 2032.
The estimated market value of the Israel Medical Devices Market for final year is USD 30.49 (USD Billion).

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